Full-Service, Fast Growing Flooring Franchise
FINANCIAL INFORMATION
- Asking Price: $320,000.00
- EBITDA:
- Gross Revenue: $649,000.00
- Cash Flow: $140,000.00
- FF & E: $50,000.00
- Inventory:
- Financing: Yes
BUSINESS LOCATION
Atlanta, GA
DESCRIPTION
The Company is a full-service flooring retailer focusing on the sales and installation of wood flooring, luxury vinyl, laminate, and tile as well as providing hardwood refinishing services. As a home-based business with no need for a showroom or warehouse, the business operates with low overhead to maximize profitability and maintain excellent margins in a highly competitive industry. They focus on providing customers with the best quality and service, using craftsmen to expertly install flooring and tile as well as other finishing details (e.g. baseboards, moldings) for a stunning look that lasts. The company currently has one employee (owner/operator) and utilizes experienced 1099 sub-contractors to execute the flooring and tile services offered. Having launched as a new business in April 2021, the company has demonstrated tremendous growth with over 400 installations to date and exceptional customer satisfaction as evidenced by their 150+ Five Star Google Reviews.
INVESTMENT HIGHLIGHTS:
- Includes two franchise territories encompassing ~35 counties within the metro Atlanta area
- Established, fast growing, and profitable business with experienced installation crews and an excellent reputation provides a solid foundation for ongoing success
- Low overhead business model with a franchisor that provides excellent systems, on-demand operational support, and extensive training
GROWTH OPPORTUNITIES:
- Expand flooring options (e.g. carpet) as well as broaden the current offerings for other flooring types (e.g. more styles, added suppliers, etc.)
- Add commissioned sales personnel to expand sales and networking capacity that can grow revenues without adding fixed overhead
- More aggressive marketing to increase brand/business awareness and promote their excellent reputation
REASON FOR SALE
Details
- Home Based: Yes
- Franchise: Yes
- Distressed: No
- Relocatable: Yes
- Year Established: 2021
- Year Acquired: 2021
- Willing To Train: Seller is willing to train new owner for a smooth transition.
- Real State Available: No
- Is Property Leased: No
- Real Estate Included: No
- Is Management Staying: No
- Days Open: 5
- Hours Open: 8:00am - 6:00pm
- Full Time Employees: 1
- Listing Id: SA1696
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